25 March, AtoZForex.com, Amsterdam — The FCA warning against GMT Markets Ltd, marks the latest caution of the UK financial regulator in the public. Considering, that the previous FCA warning against Eagle and West was only five days ago, since the UK Financial Conduct Authority (FCA) flagged this financial entity within its jurisdiction. The FCA warning against GMT Markets Limited (GMT Markets) got identified, after the UK financial watchdog discovered that the brokerage does not comply with the regulations. On top of the lack of compliance, GMT Markets is not licensed by the FCA at all.
Assessing GMT Markets Limited further, it can be seen that it is a London based forex brokerage. GMT Markets operates primarily through its website, offering various services on the MT4 Platform to its clients. Although, when reviewing their licensing information on the website, the financial entity only provides the following statement under the mentioned section:
“One of the most important parameters for successful trading is the trust in the safety of your funds. GMT Markets team is fully committed to protect your investment at all times and supply you with peace of mind, allowing you to concentrate on trading without worrying.”
This piece of content does not only reassures any clients, it also raises suspicion, which much have been the core reason why the UK regulatory body investigated the financial entity. Resultantly, the FCA warning against GMT Markets was issued promptly. According to today’s press release of the FCA, the alleged firm is operation through two separate addresses. For further clarification please have look at the listed contacted details:
|Warned Financial Entity|
|Firm name||GMT Markets Limited|
|Firm reference number:||–|
|Address 1:||Universal House, 88-94 Wentworth Street, London, E1 7SA|
|Address 2:||Hackwood Building, 14 Hackwood Street, Robertsbridge, East Sussex, TN32 5ER|
|Tel:||0203 769 1597|
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